StreetInsider.com After-Hours Movers 09/11
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StreetInsider.com After-Hours Movers:
NeoMagic Corp. (Nasdaq: NMGC) 15.5% LOWER; Announces Delay in Reporting Q2 Fiscal 2008 Results
Authentidate Holding Corp. (Nasdaq: ADAT) 8.5% HIGHER; announced that it is engaged in negotiations concerning a potential business combination between the Company and a private company.
Molina Healthcare, Inc. (NYSE: MOH) 4.8% HIGHER; is revising its guidance for fiscal year 2007. The Company now expects earnings per diluted share for the year ending December 31, 2007, to be in the range of $1.85 to $1.95. The Company had previously issued an EPS guidance range for fiscal year 2007 of $1.75 to $1.90 per share. (Consensus is $1.87). The company's previous revenue guidance was $2.4 billion (Consensus is $2.47 billion)
RealNetworks Inc. (Nasdaq: RNWK) 3.5% HIGHER; Morgan Keegan initiates coverage at Outperform.
Texas Instruments (NYSE: TXN) 2% LOWER; sees Q3 revenue between $3.56 billion and $3.72 billion, compared with the prior range of $3.49 billion to $3.79 billion. The consensus is $3.66 billion. The company expects EPS from continuing operations between $0.49 and $0.53, compared with the previous range of $0.46 to $0.52. The consensus is $0.49. The revised EPS range includes about $0.02 from the gain on the sale of TI's semiconductor product line associated with DSL customer-premises equipment. The sale closed in July.
NeoMagic Corp. (Nasdaq: NMGC) 15.5% LOWER; Announces Delay in Reporting Q2 Fiscal 2008 Results
Authentidate Holding Corp. (Nasdaq: ADAT) 8.5% HIGHER; announced that it is engaged in negotiations concerning a potential business combination between the Company and a private company.
Molina Healthcare, Inc. (NYSE: MOH) 4.8% HIGHER; is revising its guidance for fiscal year 2007. The Company now expects earnings per diluted share for the year ending December 31, 2007, to be in the range of $1.85 to $1.95. The Company had previously issued an EPS guidance range for fiscal year 2007 of $1.75 to $1.90 per share. (Consensus is $1.87). The company's previous revenue guidance was $2.4 billion (Consensus is $2.47 billion)
RealNetworks Inc. (Nasdaq: RNWK) 3.5% HIGHER; Morgan Keegan initiates coverage at Outperform.
Texas Instruments (NYSE: TXN) 2% LOWER; sees Q3 revenue between $3.56 billion and $3.72 billion, compared with the prior range of $3.49 billion to $3.79 billion. The consensus is $3.66 billion. The company expects EPS from continuing operations between $0.49 and $0.53, compared with the previous range of $0.46 to $0.52. The consensus is $0.49. The revised EPS range includes about $0.02 from the gain on the sale of TI's semiconductor product line associated with DSL customer-premises equipment. The sale closed in July.
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